Benchmarking utilities has become a way of life in multifamily. Not long ago, the EPA introduced its Portfolio Manager, a repository for a commercial property’s utility consumption data for benchmarking. By 2014, the arduous task of establishing an equitable energy efficiency scoring system for multifamily properties had arrived and the EPA invited portfolios to track[…]

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Americans with Disabilities Act compliance is going beyond the physical equipment around the property and into the digital age. Website accessibility for the disabled has become a hot topic in recent years and the multifamily community needs to consider property website compliance. Earlier this year, regulations aimed at federal institutions to ensure website-accessibility compliance began[…]

With the arrival of a new generation of renters, marketing strategies typically change in multifamily housing and other businesses. Millennials have made more impact in the apartment industry by transforming leasing and amenity preferences than any other generation. And Gen Z, the next wave coming into focus, isn’t just following suit. One thing both are[…]

OneSite Leasing & Rents is already known as one of the easiest to use property management systems and we are simplifying it even more with the launch of an improved user interface and experience. A new, clean look with easy-to-use workflows and navigation will help save you and your business time. Best of all, no[…]

Student properties are in perpetual lease-ups. Maybe that’s why there’s a fixation on maximizing occupancy over every other objective: the pressure to keep beds full as students continually move in and out can seem like all that matters. Maximize profit in student housing The trouble is, even 100% occupancy isn’t such a great result if[…]

The process of deciding whether to invest in properties hasn’t changed much in decades. Your internal analysts (or highly-paid outside consultants) gather and crunch numbers about property performance history, rent and sales comps, market forecasts, competition, seasonal exposure and more to make an informed decision. This can take weeks – time better spent looking at[…]

As discussed in RealWorld 2018 sessions Energy prices rarely stand still, but lately, utility costs have been far more unpredictable. And, if it continues, that could be a concerning trend for multifamily energy management. Is your multifamily business prepared for the hit it might take on utilities? Some organizations are taking proactive precautions. Some are[…]

As discussed in RealWorld 2018 sessions As the apartment industry runs through its cycles, changes in apartment demand and demographics are fostered by economic fluctuation. And with the expectation that the economy is on the cusp of a new direction, multifamily strategies are likely to shift. Various factors dictate apartment demand and how future renters[…]

The writing is on the wall: if some city leaders have their way, New York City will follow the lead of Seattle and impose strict new regulations around security deposits, which they say are creating a financial burden that unduly limits the ability of the city’s renters to move to new or better places. This has[…]

As discussed in RealWorld 2018 sessions The game has changed in the last decade on taking payments. Many of today’s laws govern the exchange of money from an individual or business to another were written in a walk-in business community, the days when consumers and businesses made payments directly to companies from which they purchased[…]

As discussed in RealWorld 2018 sessions Understanding compliance requirements of the Fair Housing Act of 1968 and Americans with Disabilities Act of 1990 and respective updates is no simple task for multifamily properties. How the laws apply specifically to the industry can be complex and, if not followed, result in expensive penalties and tarnish brand[…]